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This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates …
Persistent link: https://www.econbiz.de/10012705521
The study mainly focused on the estimation and implementation of the concept of nonaccelerating inflation rate of … unemployment (NAIRU) in prominent SAARC countries (Pakistan, Bangladesh, India, Sri Lanka and Nepal) by using a panel dataset … that when actual unemployment rate was below the reported value of NAIRU, there was a pressure on inflation rate to rise …
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In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular … employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders …. We found evidence in favor of mean reversion in the case of female unemployment and this happens for all the groups of …
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) during the post-war period. It does so by restoring conflict and power to the forefront of macro theory and, in particular …' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …
Persistent link: https://www.econbiz.de/10013347209
unemployment (NAIRU) that provide information about the general trajectory and last tendencies of trend unemployment. To better … identify the unemployment trend, we include indicators of long-term unemployment and the Beveridge curve shifts as exogenous …
Persistent link: https://www.econbiz.de/10013387313